Zenith Minerals Limited · ASX:ZNC
Zenith Minerals — Investor Presentation (June 2025)
28 slides from Zenith Minerals's investor presentation, Jun 16, 2025
Slide 1: Going for Gold – Capital Raising Presentation
For personal use only Going for Gold ASX:ZNC Capital Raising Presentation June 2025
Slide 2: Disclaimer and Important Notices
Disclaimer and Important Notices Important Information Zenith Minerals Limited (ASX: ZNC) ACN 119 397 938 ("Zenith" or the "Company") is the issuer of this presentation. Not a Disclosure Document or Offer This presentation is not a disclosure document for the purposes of Chapter 6D of the Corporatio
Slide 3: Investment Overview
Investment Overview Going for Gold – Zenith is highly focused and engaged on pursuing gold production at the For personal use only newly consolidated Dulcie Gold Project, located on a series of Mining Leases in WA. Near Term Dulcie Far North MRE Update – Recently completed drilling to potentially su
Slide 4: Company Snapshot
ASX:ZNC Project Ownership % Note Share Price Dulcie Gold Project 100% 210koz Gold Resource $0.039 Red Mountain Gold 100% Wide zone of mineralisation Shares on Issue For personal use only Rio Lithium 100% 11.9Mt Li2O Resource Company Market Cap1 411.8m Waratah Well Lithium 100% Mineralised pegmatites
Slide 5: Executive Team
ASX:ZNC Andrew Smith Geoff Rogers Euan Jenkins Managing Director/CEO Non-Executive Director Non-Executive Director Since 2024 Since 2023 Since 2024 Andrew Smith is a Geoff Rogers is a Euan brings 31 years of Strong seasoned mining executive corporate and resources global banking experience, leading
Slide 6: Zenith's Australian Gold Portfolio
Zenith's Australian Gold Portfolio Going for Gold: Zenith is highly focused on its 100%-owned, newly consolidated For personal use only Dulcie Gold Project, located on Mining Leases in the Southern Cross region of Western Australia. Zenith has recently completed a resource drilling campaign Mt Wrigh
Slide 7: Consolidated Dulcie Gold Project (WA)
Consolidated Dulcie Far North Dulcie Gold Gold (DFN)– Project (WA) 210k ounces @>1g/t and growing Strategic Location & Infrastructure • Strategically consolidated tenure, including 100%-owned DFN Mining Lease and newly acquired subsurface rights at Dulcie, all benefiting from direct sealed-road acce
Slide 8: Strategic Acquisition of Dulcie Subsurface Rights
Strategic Acquisition of Dulcie Subsurface Rights Transformational Footprint Expansion: Zenith has secured exclusive subsurface exploration and mining rights (below 8m depth), immediately south and along strike of the existing Dulcie Far North (DFN) resource, consolidating a substantial and strategi
Slide 9: Strategic Acquisition of the Dulcie Project
Strategic Acquisition of the Dulcie Project • Confirmed Gold System: Initial drilling by Zenith in 2021 confirmed the southern continuation of DFN gold mineralisation, leaving extensive zones inadequately tested For personal use only and open for substantial resource growth. Highlights from previous
Slide 10: Dulcie Far North - Recent Drilling Campaign
Dulcie Far North - Recent Drilling Campaign • Completed programme: 38 RC holes for 5,645m, including 4 holes at regional analogues (Fuego and Nieve)1. • System extended: Gold mineralisation extended by ~50m along strike and ~120m down dip in its southern extension1. For personal use only • Resource
Slide 11: Regional Gold Exploration – Split Rocks/Dulcie Gold Project
Regional Gold Exploration – Split Rocks/Dulcie Gold Project Underexplored Tenure: • Historical lithium focus leaves significant gold potential largely untested across the district. For personal use only 100% Ownership & Expansion Potential: • Zenith holds 100% of the extensive Split Rocks tenure. Re
Slide 12: Dulcie Regional – Next steps
Consolidated Dulcie Dulcie Far North Gold Project - Regional – Next steps Opportunity Zenith has a proven track record of executing efficient, cost-effective, and timely drilling programs within the Dulcie Gold region, providing strong confidence in the Company's forward strategy. The Company is now
Slide 13: Red Mountain – A Tier-1 Gold & Critical Minerals Discovery Target
Red Mountain – A Tier-1 Gold & Critical Minerals Discovery Target Strategic Location: Red Mountain is located in Queensland’s Auburn Arc – a proven gold province hosting multi-million-ounce deposits including Mt Rawdon For personal use only and Cracow. Excellent infrastructure: close proximity to se
Slide 14: Mt Wright Analogue for Red Mountain
MtMtWright Wright-Analogue for for – Analogue RedRed Mountain Mountain Relationship of Au-Bi- For personal use only Sb chemistry indicates drilling to date has been too shallow. Geochemical data points to presence of a fertile magmatic cupola situated Fertile beneath the rhyolites on the western mar
Slide 15: Red Mountain – Results to Date but Still Wide Open
Red RedMountain MountainGold-Silver Gold-Copper – Exciting – Exciting Results to date, still wide open Results to Date but Still Wide Open Intrusion-Related Gold System (IRGS) • Gold hosted in rhyolite units flanking a breccia pipe • Broad intercept: 129m @ 0.51 g/t Au from 225m, For personal use on
Slide 16: Transaction Overview
Transaction Overview • Zenith Minerals Limited (“Zenith” or the “Company”) is seeking to undertake a fully underwritten non-renounceable entitlement offer to raise a total of approximately A$3.5 million (“Entitlement Offer” or the “Offer”). • Existing eligible shareholders will be entitled to apply
Slide 17: Indicative Capital Structure, Sources & Uses of Funds
Indicative Capital Structure, Sources & Uses of Funds Pro-Forma Capitalisation m Sources of Funds (A$m) Offer Proceeds 3.5 For personal use only Current Shares on Issue 411.8 New Shares under Entitlement Offer 117.7 Cash Balance (31 March 2025) 1.2 Total shares on issue post Offer 529.5 Total 4.7 Ma
Slide 18: Indicative Timetable
Indicative Timetable Event Date Trading Halt Wednesday, 11 June 2025 For personal use only Announcement of Offer and Lodgement of Appendix 3B Monday, 16 June 2025 Lodgement of Prospectus with ASIC and the ASX Monday, 16 June 2025 Ex-Date Wednesday 18 June 2025 Record Date for Determining Entitlement
Slide 19: Why Invest
WHY INVEST Going for Gold | Zenith is muscling up to 'go for gold' at the Dulcie Project, with a planned 12,000m drill program at the newly consolidated Project and an MRE update at DFN in the coming weeks to potentially grow the current 210koz Au Resource 1 For personal use only Driving to Producti
Slide 20: Appendix
For personal use only APPENDIX
Slide 21: Auburn Gold Prospect
Auburn Gold Prospect Located in a Highly Prospective Gold Belt • Situated within the Auburn portion of the Connors-Auburn Arc, part of the New England Orogenic Belt, which hosts major gold and base metal deposits. For personal use only • Proximity to Cracow Epithermal Gold Deposit (multi-million oz)
Slide 22: Privateer Gold Prospect
Privateer Gold Prospect Strategic Location in a Proven Gold Belt • 100% owned project in Queensland’s Auburn portion of the Connors-Auburn Arc. • Region hosts significant gold deposits, including Cracow Gold Mine (multi-million oz), located 70km to the west. For personal use only High-Grade Gold Pot
Slide 23: Cowarra Gold Project
Cowarra Gold Project – Forgotten gold mine in Lachlan Fold Belt • Location & Ownership • Located in the Lachlan Fold Belt, New South Wales, a region renowned for high-grade gold deposits. For personal use only • Zenith holds a 26% stake in Oxley Resources (a private company with low cash burn), ensu
Slide 24: Additional Zinc Exposure via Earaheedy JV – Free Carry
Additional Zinc Exposure via Earaheedy JV – Free Carry • Strategic Zinc Exposure: Zenith holds a 25% free-carried interest (through to completion of Bankable Feasibility Study) in the Earaheedy For personal use only Zinc JV with Rumble Resources (ASX: RTR), initially announced on 28 October 2024. •
Slide 25: Two Western Australia Lithium Projects
Two Western Australia Lithium Projects For personal use only Split Rocks (Rio Lithium Project) • JORC Resource: Inferred Resource of 11.9Mt @ 0.72% Li₂O (0.5% Li₂O cut-off), strategically located near Mt Holland Lithium Mine. 1 • Best Intersections: 26m @ 1.2% Li₂O, 10m @ 1.7% Li₂O, and 13m @ 1.9% L
Slide 26: Rio Lithium Project (Split Rocks WA)
Rio Lithium Project (Spilt Rocks WA) • Rio Lithium Resource: Maiden Inferred Mineral Resource estimate reported at a 0.5% Li₂O cut-off; resource remains open at depth and For personal use only along strike. • Recent Drilling Success: Zenith completed targeted lithium drilling at Split Rocks, interse
Slide 27: Competent Person Statement
Competent Person Statement The information in this presentation relating to Exploration Results for Dulcie Far North (DFN) and surrounding Exploration Activities is based on information compiled by Mr. Daniel Greene, a Member of the Australasian Institute of Geoscientists and a full-time employee of
Slide 28: Australia-Focused Diversified Mineral Developer
For personal use only AUSTRALIA-FOCUSED DIVERSIFIED MINERAL DEVELOPER Zenith Minerals Limited (ASX:ZNC) www.zenithminerals.com.au